India, March 21 -- In a major push to strengthen the financial position of the Maharashtra State Road Transport Corporation (MSRTC), transport minister and MSRTC chairman Pratap Sarnaik on Friday announced a series of multi-dimensional measures focused on cost control and alternative revenue generation. He stated that a transparent and competitive diesel procurement process, carried out without any interference, will result in annual savings of around Rs.241 crore.

"We ensured that the tender process was carried out in a completely transparent, rule-based and impartial manner, with zero tolerance for any kind of interference. Despite attempts by some companies to spread misinformation and even approach the court, the process stood firm, ...